Aladdin DAO Price (ALD)

Aladdin DAO (ALD) Token Price Now

Aladdin DAO price today is $0.0311 with a 24-hour trading volume of $5,743.63. ALD price is down -1.86% in the last 24 hours. It has a max supply of 1Bil.
In order to search for real-time and historical information about Aladdin DAO (ALD) blockchain, including data related to blocks, transactions, addresses, and more, you may use Aladdin DAO (ALD) block explorers. Here are some of the most popular and useful Aladdin DAO (ALD) blockchain explorers out there:

• etherscan.io
• ethplorer.io

What Is Aladdin DAO(ALD)?

AladdinDAO is a decentralized network to shift crypto investments from venture capitalists to the wisdom of crowds through collective value discovery. At AladdinDAO, a group of world-class experts in DeFi known as the AladdinDAO Boule identifies the promising DeFi projects and enables AladdinDAO community members to enjoy the returns of their liquidity mining programs. As a result, the protocol will help to reduce information asymmetry and optimize asset allocations for the DeFi space overall.

Using a unique voting scheme, AladdinDAO hopes to identify, analyze, and provide quality DeFi projects to community members. Boule Members earn AladdinDAO tokens (ALD) as a result of their participation in the DAO.

What Are the Features of ALD token?

• Yield farming curation services application fee.
• Liquidity Mining 
• Reward talent from the entire DeFi community, 2% of ALD will be distributed from Option Reserve to Boule Plus members who have made the correct votes.

What Is Aladdin DAO(ALD) Mining Mechanism?

The DAO Mining Mechanism is designed to continually motivate Boule Members to find quality projects. There are 80% of ALD tokens generated through yield farming programs, of which 31% go to DAO mining.

The DAO Mining Mechanism works as below.

• There are three roles in DAO mining, Boule Members, Talent Hunters and Strategy Developers.
• Out of 31% liquidity mining tokens going to DAO mining, 25% goes to Boule Members who identify quality projects, 5% goes to Talent Hunters who invite good talent to the Boule and 1% goes to Strategy Developers who create mining strategy contracts. 
• In addition to ALD incentives, Strategy Developers at AladdinDAO also get part of the performance fees paid from mining rewards.

• DAO mining rewards are paid out in epoch and each epoch is about 2 weeks ( 100,000 blocks ).
• Boule Members can be rewarded for either Yes or No votes. Boule Members are rewarded for Yes votes to an outperforming pool and No votes to an underperforming pool. This design is to incentivize Boule Members to vote responsibly, independently and with a high conviction level. 
• The reward is adjusted by the time decay factor to make sure that Boule Members constantly work on research for new quality assets rather than sitting on the existing portfolio's returns.
• Talent Hunters' incentives are ranked by the collective performance of the Boule Members they recommend.

What Is the Aladdin DAO(ALD) Token Distribution Plan?

The maximum total supply of ALD tokens is 1,000,648,410 ALD. 200,000,000 ALD tokens will be created at TGE, consisting of liquidity support, airdrop, and ALD TVL Option (an optional reserve of ALD tokens available for the DAO to be used in accordance with community governance based on TVL). The remaining 80% of the token will be unlocked via liquidity mining on a block-by-block basis. 

Where Can You Buy Aladdin DAO(ALD)?

You may purchase the Aladdin DAO(ALD) token using the following exchanges:

AOFEX, MEXC, Uniswap (V2), 1inch Exchange, and DODO.

Gate.io is going to commence Aladdin DAO(ALD) trading on Sep.14, 2021 10:00 UTC.

Aladdin DAO (ALD) Community

• Twitter: https://twitter.com/AladdinDAO
• Medium: https://aladdindao.medium.com/
• Telegram: https://t.me/aladdin_dao

What is Aladdin DAO (ALD) Contracts address?

• Ethereum: 0xb26C4B3Ca601136Daf98593feAeff9E0CA702a8D